Ford and Sollers sign MoU to establish a JV in Russia
Green Car Congress
FEBRUARY 18, 2011
Ford Motor Company and Russian automobile company Sollers OJSC signed a Memorandum of Understanding (MoU) under which the parties intend to launch a new 50:50-owned joint venture called Ford Sollers for the production and distribution of Ford vehicles in Russia. Sollers had originally planned a joint venture with Fiat. Earlier post.).
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